Any government policy that provides and deserves to be looked at twice, or even three times. Select one: O a. public schooling; welfare benefits O b. gains to those with lower incomes; imposes costs on those with higher incomes O c. local táx revenue, state tax revenue d. gains to those with higher incomes; imposes costs on those with lower incomes
Q: Among the following options, which of these includes economic arguments about child labor? (choose…
A: Answer: Introduction: It can be observed from the real file situations of people that the children…
Q: The Tax Cuts and Jobs Act (TCJA) of 2017 made two major changes to U.S. tax law. One was a reduction…
A: The Tax Cuts and Jobs Act of 2017 (TCJA) lowers income tax rates for most individual tax brackets…
Q: True or false question below. In the United States, the Federal Deposit Insurance Corporation…
A: Federal Deposit Insurance Corporation, is an agency created in 1933 after great depression to…
Q: What does the research and experimentation tax credit do? Group of answer choices A)Generates…
A: Answer: Research and experimentation tax credit: this tax credit can be claimed by the taxpaying…
Q: a). Given the demund function Q= 700 - 2P + 0.02Y. where P 25 and Y 5000. Find the price and income…
A: Answers a) Demand Function Q=700-2P+0.02Y , where P=25 and Y=5,000 * FIrst step is to…
Q: 40+ YD where Yp is disposable Problem 5. The economy is described by the consumption function C =…
A: Answer - GDP = GDP (Gross domestic Product) is the sum of all the services and goods produced in a…
Q: AU.S. federal government budget deficit occurs when Oa) the United States lends money to foreign…
A: The government budget refers to the document created by the government body which consists of…
Q: The ability of one person or nation to produce a good at a lower opportunity cost than another is…
A: Opportunity cost is the loss when selecting one alternative over the other.
Q: 1. Use the following information from a fictional economy: Consumption, C = 250 + 0.8 Yd Investment,…
A: NOTE: As per Bartleby Guidelines, handwritten solutions are not allowed. Since we only answer up to…
Q: ._______ Income that is left after savings, food, clothing,and housing are paid.
A: In economics, income is defined as the payment made to labourers for the services they deliver. Rent…
Q: According to the neoclassical growth model: A. The equilibrium growth rate can never change B.…
A: The neoclassical growth model explains how labor, capital and technology can results into steady…
Q: he college tuition is expected to increase with an average of 5% per year for the next 5 years. The…
A: We have given a geometric gradient series cash flow, Value of A1=P45,000 % increase in the tuition…
Q: You need to get gasoline for your car. You can drive ten miles (round trip) to a gas station on the…
A: The answer is as follows:-
Q: Suppose that the productivity per worker in the milk and cranberry juice industries of Southland and…
A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question…
Q: Vhich of the following is true about BRIC countries: O a. There is low prospects of growth O b. To…
A: BRIC countries are Brazil, Russia, India and China. These countries are emerging economies.
Q: When a foreign supplier tries to "dump" goods into another country in order to gain a foothold in a…
A: here we find the correct option of the following as follow
Q: Polaris Industries wishes to purchase a multiple-use in-plant “road test’ simulator that can be used…
A: MARR refers to the minimum rate of return on a project that a project manager or company is willing…
Q: A businessman purchases a common stock worth P1,000 every year for a period of 10 years. At the…
A: A businessman purchases a common stock worth P1,000 every year for a period of 10 years. At the of…
Q: A firm has the following production fundion: q =min{K, 10L). where q denotes output, K denotes…
A: Part (a): q = min {K,10L} q = K = 10L Therefore equation 1 is K =q and equation 2 is q/10 =L Total…
Q: 1. Increases in income oftentimes don’t lead to substantial increases of investment in health and…
A: increases in income considerably decrease contrasts in tutoring/schooling results and work on more…
Q: 1. The Gini coefficient gives a measure regarding ___________. a. the level of relative inequality…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: ucker and Eddie are playing the following game. Tucker can choose A or B and Eddie can choose C or…
A: Introduction Tucker and Eddie are playing a game. Tucker can choose A or B. Eddie can choose C or D.…
Q: What is the difference between disposable income and discretionary income?
A: In economics, income is defined as the factor payment given to laborers for the factors services…
Q: Explain with the use of graphs the effects of increased taxes on airline tickets on travel to major…
A: The equilibrium level is decided where the demand and supply forces are equal. The imposition of tax…
Q: Problem: The cost of maintaining a certain permanent monument in Washington, DC occurs as periodic…
A: The formula for computing the annual payment is as follows: A = F[i/(1+i)n-1] Were, F =…
Q: Is the following true, false or uncertain? Consider a temporary positive inflation shock in a…
A: A fixed exchange rate is a regime applied by a government or central bank that ties the country's…
Q: A man applied for a car loan in a local financing bank which charges a rate of interest of 18%.…
A: Bank charges a rate of interest i = 18% The interest amount is deducted at the time the money is…
Q: A perfectly competitive widget firm has this long run total cost equation: LTC = (½)q³ – 6q² + 40q…
A: LTC = (1/3)q3 - 6q2 + 40q LMC = dLTC/dq = q2 - 12q + 40 LAC = LTC/q = (1/3)q2 - 6q +40
Q: Which of the following is true about the Federal Reserve System? There are 12 regional Federal…
A: The Federal Reserve System (FRS) is the central bank of the United States. The Federal Reserve, also…
Q: If the economy is growing along the same path as potential GDP, the expenditure line will not shift…
A: In the mentioned question, the reaction of expenditure curves asked when there is growth in the…
Q: pread because: Eelect one: it helps to retain current skilled -mployees since they are not poached…
A: Diminishes awareness of outside market compensation rates. Broadbanding prompts the absence of…
Q: Government expenditures, G. and tax revenues, T Refer to the figure Deficit GDP, Real a. The…
A: The entire monetary worth of all the goods and services produced within the geographic limits of a…
Q: 1. If the producers of rice wants to maximize profit up to what level of output will it produce and…
A: Given that: MB = 360 - 4QMPC = 6Q Let us draw the graph as under:
Q: If government increases spending and wants to maintain a balanced budget, it should
A: The answer is as follows:-
Q: Which of the following best characterizes the causes of mortality between developing and developed…
A: Developing countries are with less developed industrial base and a lower Human Development Index…
Q: n asset that is book-depreciated over a 5-year period by the straight line method has C3 = P…
A: Depreciation charge per year = P1,170,000 Life of asset = 5 years Book value after 3 year =…
Q: Which of the following statements describes a trade deficit? O a) the difference between a nation's…
A: Balance of trade is defined as a difference between the value of a country's exports and the value…
Q: An equipment is bought for $9,000 and sold at the end of its service life for $800. If the service…
A: Given equipment cost = 9000 $ Time = 10 years MARR = 10 % Salvage value = 800 $ Therefore the…
Q: 5.3 What is the slope (value) of Mrs. Bain budget line? 5.4 In theory, what is the slope (value) of…
A: Answer (5.4): Theoretical meaning of the slope of the indifference curve at the utility maximization…
Q: Discuss how minimum wage, one of the most popular price floors, specifically affects the labor…
A: A minimum wage is the lower limit on the wage rate that is implemented by the government.
Q: EXAMPLE QUESTION What happens to the price and quantity if the demand and supply both decrease…
A: 1. When demand and supply both increases at the same rate. Initially the demand is Demand1, the…
Q: The intersection of the average variable cost curve and the marginal cost curve, which shows the…
A: Equilibrium is the point marginal revenue is equal to marginal cost.
Q: Mark sold his house. In addition to cash, he took a mortgage on the house. The mortgage will be paid…
A: Monthly payments of P12, 345, for 10 years interest rate = 1% time in months = 10*12 = 120 months
Q: Questions: YTL did not buy property during inflationary period. Identify the reasons given by Tan…
A: Note: We will be able to answer the first question as the exact one was not specified. Please…
Q: Which of the following is true about BRIC countries: O a. There is low prospects of growth O b. To…
A: BRICS is an abbreviation for the strong gathering of the world's driving developing business sector…
Q: A shipyard sales are $ 96531 when it sells 10 boats per year, and $ 110066 when it sells 11. What is…
A: Marginal revenue is the change in total revenue due to the sale of one additional unit. the marginal…
Q: If the quantity demanded at a price of $10 is 2,000 and the quantity demanded at a price of $8 is…
A: The answer is as follows:-
Q: The inverse demand for Harlby Davidson motorcycles is given by: P = 40,000-10Q where Pis the price…
A:
Q: As formulated by Malthus, the Malthusian theory of population growth, proved ______. a. that food…
A: Malthusian theory of population growth says that the population is increasing at the rapid speed…
Q: Limits on the quantity or total value of specific products imported into a nation are a) export…
A: The quota is imposed by a government that restricts the quantity of a commodity that a country can…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- QUESTION 19 Which of these is NOT a component of the 2016 Social Security reform proposal by Democratic lawmakers? O a. an increase in minimum benefits to 25% above the poverty line b. an increase in benefits by 2% for all recipients O c. a more generous cost-of-living adjustment O d. lower payroll taxesWhat is true about income redistribution? Questic OA. Through income tax and redistribution, a dollar taken from a rich person ends up as a dollar in the hands of a O B. Taxing people's income from employment makes them work more so that their take-home income will increase O C. The greater the amount of income redistribution through income taxes, the greater is the inefficiency. OD. The big tradeoff is the tradeoff between income tax and redistribution.How can a program that subsidizes housing for low income families avoid creating a poverty trap? O Have the benefits reduce only gradually as family income increases All of these could reduce help avoid the poverty trap but at a cost O Limit the amount of time people can use the benefit Create work requirements
- When Ann's income increased from $100,000 to $120,000, her income tax payment increased from $22,000 to $30,000. Ann's average tax rate is and her marginal tax rate is A. 25 percent; 25 percent B. 40 percent; 25 percent C. 40 percent; 40 percent D. 25 percent; 40 percentA challenger presidential candidate vows to cutentitlement spending by 20 percent in the first fewweeks that he is in office. Why is it unlikely thecandidate could achieve this reduction?Both a payroll tax and an excise tax on alcoholraise revenue and, respectively, shrink the marketsfor labor and alcohol. Although both have somefunctions in common, governments may havedifferent goals when levying them. What goalsdo you think motivate a payroll tax? What goalsmotivate an alcohol tax?
- 14. True or False? Ohio has expanded Medicaid eligibility so that adult Ohio residents, ages 19-64 with incomes up to about 138% of the Federal Poverty Level qualify. O True O FalseA5 South Africa's top 10% of earners contribute almost half of all revenue, and the richest 10% of its residents holds 85.6% of net wealth, according to the OECD, which sees scope for the tax system to be used more to reduce inequality. Based on the above paragraph, which of the following statements is INCORREC A. South African 's bottom 90%of income earners contribute allof to the revenu B. South Africa's income inequality levels are very hig C. South Africa' s income inequality levels are very lo D. South Africa's income contribution is equalwheTQuestion 4Three neighbors share a private dirt road off the main highway that leads to their homes. The Huang and Smith families value the road at $900 each and the Hudson family values the road at $700. The cost to pave the road is $2,400. Would a proportional tax or headcount tax policy be passed? O a. Only the headcount tax would pass.O b. Neither would pass.O c. Only the proportional tax would pass.O d. Yes, both would pass. Note: correct answer is option a) how?
- The demand for cigarettes, which create negativeexternalities through secondhand smoke, is oftenrelatively inelastic. That is, when the price of cigarettes changes, the quantity demanded changes bya smaller portion. Using this fact, explain to whatextent you think a tax on cigarettes would fulfilleach of the goals of taxation.Suppose that the Philippine tax schedule given below is being implemented this year. (sorry, disregard the box) Tax Payment P 1,000 4,500 14,000 Annual Income P10,000 30,000 70,000 140,000 250,000 500,000 35,000 75,000 160,000Taxes adversely affect the allocation of resources because Othey do not always fall more heavily on the rich than on the poor. O the taxes collected are not enough to finance government spending. not everyone pays taxes. they distort prices and thus distort the decisions of households and firms.